Arcos Dorados (ARCO) Q4 Earnings Up Y/Y, Revenues Top Estimates
ARCOArcos Dorados (ARCO) Zacks Investment Research·2024-03-14 22:06

Arcos Dorados Holdings Inc. (ARCO) reported fourth-quarter 2023 results, with revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis.During the quarter, the company reported increased visit frequency and market share gains, with the Three D’s strategy driving sustainable sales growth supported by restaurant volume and average checks. Also, it reported benefits from the expansion of Digital channels facilitated by a mobile app, growing Delivery sales an ...